MTAG

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MATERIAL LITIGATION MTAG GROUP BERHAD ("MTAG" OR "THE COMPANY") - WRIT OF SUMMONS AND STATEMENT OF CLAIM

MTAG GROUP BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
MTAG GROUP BERHAD ("MTAG" OR "THE COMPANY")
- WRIT OF SUMMONS AND STATEMENT OF CLAIM

Reference is made to the Company's announcements dated 23 October 2020, 23 November 2020, 7 December 2020 and 10 February 2021 in relation to the Writ of Summons and Statement of Claim against Brilliant Propel Sdn. Bhd. ("The Defendant")

The Board of Directors of MTAG wishes to announce that the Company’s Lawyer has informed that the Sessions Court had granted a decision for the Summary Judgement via e-review on 29 March 2021. The Sessions Court had dismissed the Company’s summary judgement application with cost of RM2,000.00 to be paid to the Defendant and had fixed for a full trial on 21 February 2022.

Meanwhile, the Board of Directors of MTAG wishes to appeal to the High Court against the decision for the Summary Judgement and the deadline for appeal is on or before 12 April 2021.

The Company shall continue to make announcement on the development of the case from time to time accordingly. 

This announcement dated 31 March 2021.






Announcement Info

Company Name MTAG GROUP BERHAD
Stock Name MTAG
Date Announced 31 Mar 2021
Category General Announcement for PLC
Reference Number GA1-30032021-00048